I am not sure what is going on and why people are spending there Bitcoin maybe they like to spend it and they make full use of it as a currency instead of investment. i am using it as an investment so at the moment I am holding on to my Bitcoin.
and you will never understand what is going on until you yourself start using bitcoin as a currency too. that is when you can realize the difference between using fiat and using bitcoin. for example when you used bitcoin instead of using paypal to pay for a digital good like a subscription then you can really appreciate the usage of bitcoin. Correcy. Also with sending money to another country. Other money transfer company charge so much because it is overseas but bitcoin dont do that. It will be the same as how you send near or far. We know about that, just basically theory for that the company having a lot of officers and the company is hang up their income to paid their officer and one of them is via charge from the transaction through their service. and for a long distance transaction, it needs a lot of their service and that will make a charge so much for the transaction.
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Earning money fast means that risk is much higher. You choose will you gamble, trade, or do something illegal, which also can be fast earning. Try ti earn money slowly and learn in time spend on earning, and one day you will earn more. That is best way for long period of time, so stop thinking about fast earning and concentrate on steady income. There is to big risk involved in everything that is fast, I hope you will learn from other people mistakes, and not make your own. I wish you good luck.
yes I am agree with you the only fast way to earn bitcoin to do gambling. and that mean that you are taking risk. because there is always the element of loosing your own investment includes. so I think it is better to earn slowly but regularly. beside faster, it also needs a much of fund to do the gambling, just using a little amount you will never earn bitcoin for fast. to do the jobs maybe is better to earn bitcoin regularly and slowly maybe you can offer service too. but it's will sue you to provide your skill before you can try it.
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I think that somebody at least one time thoght about becoming rich with bitcoin but i am not, i know that you should be lucky to get big money with bitcoins.
That is certainly true, that there are some people who became rich because using bitcoin. But it also depends because of hard work and perseverance to become rich. Getting rich is the way we get the result that we do in every case. Without the hard work and passion then want to become rich is impossible Hardwork is obviously the key to earn not only bitcoin...But I think, hardwork alone is not enough without a plan ahead, or without a goal.. Well, the plan is a first think you can had that before you will continue to do hard work because it's a roo from all of your hard working. without a plan your work it's not complete and otherwise, both of them have close relationships to reach a successful. don't forget about your intentions because it's also important to factor to reach a successful.
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I think you should give a try to trading as you need to take advantage of price fluctuations to make quick profits, as holding is good but it will never help you in multiplying your coins.
Exactly as it says. Holding just increase those saved coins value but not it's quantity. Even there is a price increase, the quantity of your coins still the same in numbers. So if ever people don't like and not comfortable doing trades, always make sure that increase the quantity of your coins so that you feel much the profit when the price goes on in a rally. Yes people prefer to invest their money in trading to grow their coins in short period, as price keeps on moving up and down frequently which helps in earning regular profits. That's true if they have a free time to do that and can earn more from there, and why not? because trading is the best way to growing their coins in a short period and having a low-risk level in there. it's very helped to push the regular profit.
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That is really bad because now the halving is going to come soon and there is chance that the price will rise after the halving but you have just lost all your coins. Not sure on what you should do right now because you are in a tough situation.
The halving happened already the previous week, the price till now not going up, but may be it will rise after few weeks. a lot of people needs a more information about the mean of halving, they can't wish it's will giving a big effect for a short time because it is a long term effect
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this is just my opinion, bitcoin will replace dollar system, blockchain will replace bank system, after long time maybe 100-500year people create new currency, higher technology than bitcoin, then people use it and leave bitcoin.
I can say never for this, bitcoin will replace the dollar system, just be a realistic,man. dollar give a big role for bitcoin's value. it's will never happen except the bitcoin can build their own value.
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Don't trust anyone (avoid shortener link service) maybe it contains malware where they will steal your sensitive stuff. Make sure you know any original site , because they have many designs with different domain name (this can help you to identify any phising sites)
Yeah many people who use shortern link so others people can not easily recognize the fake sites and to close their domain addresses that are not similar to the domain that they are replicas. to display you might be tricked but for the domain will be obvious. but you have to be careful with a mailer that goes into your email and you have to check the domain. do not believe in the mailer that went into spam dude I don't know if it would actually help, but whenever I see shortened link from an untrusted source, I use TOR browser and have all my antimalwares and antiviruses on high alert. That way, I feel safe. Or at least I think I am. Cloud mining sites are usually scam. Avoid them. During transactions, always escrow especially when it is a large tx. Other tips are actually already said by other users. But , that software don't make you 100% safe , even ruined your device performance.When that software runs on sametime It's up to you to secure your device with any anti-malware and anti-virus , but "prevent better than cure" Why about you say the software don't ,make you 100% safe and the ending of your post is prevent better than cure. please read again about your post OP make a prevent with using anti-malware and virus at the same time they can cure at any time.
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I prefer to bitcoin, so I think bitcoin is better right now bitcoin is the future online payment.
Bitcoin is much better look at paypal, its maybe easy because its accepted at a lot of websites but its not fast and secure. The bitcoin is way more secure and also much faster, globally you can even transfer and you will also not get limited at all, no question that are being asked for stupid transactions by paypal. I think is have any questions for you. maybe can you tell me about the different in the faster between bitcoin and PayPal? PayPal and bitcoin have a different system for their security too. we can't make a compare for both of them.
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Holding bitcoin in a long time is not good idea to make money because It's depend of what the bitcoin price is. Maybe by trading you can make your bitcoin into money.
Your wrong,holding is also a good idea to make a profit but for just hold your coin it's wrong to step. you can mix that with another activity can grow your bitcoin at the same time. it's will better than just holding for the price increase.
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I do still believe in BTC, but I am still unsure about the future of it. I do have questions in my mind like: what happens when the max amount of BTC will be mined, will it rise/fall? What if the USD collapses? What if the Bitcoin will be used as a global currency? How much would it be worth?
There are a lot of questions I've got. For a short term, I am going to believe in it. But we never know what the future can bring us.
will invite more people to this currency and will prefer to use this currency for our normal use then this currency will establish and it will have a very better future and will have a very good value. The users increase is the main factor for bitcoin to reach their future. and what should we do for now? trying to invite another people is unfamiliar with bitcoin to interested for using bitcoin. maybe it's a good thing to give a little contribution for bitcoin and ourselves.
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Bitcoin is a long term project. Therefore is makes sense to save small parts over a long horizon. Do you save Bitcoins for your (grand) child or children?
For those who do not have (grand) children (yet), would you save Bitcoin for them if you would have (grand) children?
I never think about that, I'm not a married person and it's still some years for me for married and from your question just for I starting to spend my BTC for investment and that would be a savings for me and my wife soon maybe it's will very usefulness for my children.
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I had lost 0.07 from my multibit wallet, as I was new to bitcoin and by mistake I clicked on delete wallet and I was not having back up or private keys ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) I have also lost some Bitcoin but it was not by an mistake or something it was my own fault because I choose to gamble with them. That is the only way on how I have lost some Bitcoin. Me also i lost my bitcoin in my own fault because before im greedy enough to get more earnings in bitcoin i start investing my bitcoin in mining site withthe big return of inveatment but earnings is not happen and i got scammed by the site We all have done same mistakes, either by investing in cloud mining sites or by gambling which resulted in loosing our coins, but I think we should learn from our mistakes and should not repeat it again. I never try to invest in cloud mining or gambling about that, it's so very risky to me. you're right a lot of people is learning from this fault and become an experience to stepping forward.
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Do you think that Bitcointalk is a good way to get knowledge and information about Bitcoins?? because Bitcointalk is very useful for me to get information about Bitcoin.
because bitcointalk become a meeting place bitcoin users in the world. The point of your post, because this in bitcointalk having a lot of information from every place in the world and it's makes this forum is very popular in every part of earth.
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I am using google or youtube and also cheking news here on bitcointalk, sometimes my friends can tell me something interesting about bitcoins or on TV.
Google and this forum is the best place to collect genuine and latest information related to bitcoin and users on this forum share valuable information that is helpful to each and every user of bitcoin. for me, gogle isn't a good place but the bitcoin site news with a high rating like coin desk and another it's the best choice for this time. google having a lot of junk site just want to reach a cent from the click of their advertise.
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Just make the explanation short : explain too much is not the best way without prove it directly or maybe youtube can help them watch about bitcoins or more of visual and let them experience it change the color of bitcoin into pink i think if you want woman to use bitcoin then you have to give some free offers like freebies hahaha bag's etc
And I think introduction alone is not enough for motivating someone towards bitcoin especially females, you have to give some of your bits to her so that she get some experience in that and so with that she will immediately adopt it. Yes, I agree with it too. If you let a women use bitcoin instead of just telling her about it she will surely like it because of low transfer rate. And women love shopping, the offers will for sure attract them. That is really the fastest way to motivate women from using bitcoin. By letting them experience the use of bitcoin. And of course they are going to be motivated when are really going to use it for something they really want to buy. yes it is a fact and i will like to say that women are more easy to convince as compare to men. i have a girl friend she always do reasoning with me on every issue. but when we talk about the money she convinced very easily; she convinced easily as she know that you are earning for her, girls want their boyfriends and their husbands to earn money for them and they do not want to earn themselves, but once you convince them and show them the easiest way to earn money they then do not leave that way. In this century the girl having intentions for not just to relies on their close people, the mindset of girls in this century it's changed. they want to become an independent person. but if the showed to them easiest way to earn money for her, I sure they will be interested.
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I do not spend any Bitcoin in real life because to me it is a waist to do that because of the fact that they are worth some money. I will only spend the if it really makes sense to spend them or in the future when you can buy more things with them.
I think people will not waste their time to buy things in the future just to get a cheaper price? if they need the goods that surely they will buy it. They can do better things rather than just waited to buy some things with cheap price. I surely just people with limited money is want do that. but if they needs something and it's very useful for them I think how many prices, they will buy it.
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I have sold myBTC at good price around 520$..that is a good price for me..i have kept some more bitcoins for further increase in the price.
Compared to the price around $450, the price by which you have sold is really a good one to get some good profit. I made a big profit by selling when the price was at $746. I doing that, buying in $500 for a BTC and selling on $745 for each BTC. but I very sad because that's moment is not repeated again. well, nice for your profit. I'm very happy to see that.
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Which is better: Invest my Bitcoin on legit mining sites and purchased power before the halving because it is currently cheap or save my bitcoin and trade it after the halving because its value might be doubled?
Better purchase bitcoin during halving and go trading, than investing it on mining site. You can gain high in trading 5% to 10% per day gain is good. entering trading without experience means losing -5% to -10% per day instead, trading is a good way of making profit but it needs some expertise because it is a hard thing to do. it's why a new user without experience in trading is just required a low amount to do that. if it's only a little amount you will not worried if anytime you get a losing every day until that amount is empty. and after you have some experience in trading you can starting again with more amount to get back your losing amount.
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Just take all of your money to buy some btc. Hold it, do something else for a year. After that check the btc price on the market, and sell it. I think you will get a new you after you see the profit.
Remember, btc price will be rise up (always) if peoples still buy it and do their online transaction with bitcoin.
Just hold it?in this time the price of bitcoin is unpredictable. we can see in this time the price is stable and no one predicted about that. maybe it just holds but will need more energy to doing that. because this situation. rather than waste the energy for holding better to doing another activity a more promising at the same time.
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